MYRG Myr Group PE ratio, current and historical analysis
The current PE ratio for Myr Group stock as of Nov 21, 2024 is 64.01. This is calculated based on the TTM EPS of $2.31 and the stock price of $147.86 per share. The PE ratio has grown by 70% from its last 4 quarters average of 37.7.
MYRG PE ratio history
The average historical PE ratio of Myr Group for the last ten years is 21.74. The current P/E ratio of 64.01 is 194% higher than the historical average. Looking back at the last ten years, MYRG's PE ratio peaked in the Jun 2024 quarter at 46, when the price was $135.71 and the EPS was $2.95. The lowest point was in the Mar 2020 quarter, when it reached 10.82 with a price of $26.19 and an EPS of $2.42.
Myr Group PE ratio by year
Maximum annual increase: 94.45% in 2016
Maximum annual decrease: -45.78% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 26.54 | 43.54% |
| 2022 | 18.49 | -15.53% |
| 2021 | 21.89 | 28.24% |
| 2020 | 17.07 | 18.87% |
| 2019 | 14.36 | -3.62% |
| 2018 | 14.9 | -45.78% |
| 2017 | 27.48 | -8.83% |
| 2016 | 30.14 | 94.45% |
| 2015 | 15.5 | -2.15% |
| 2014 | 15.84 | 4.21% |
MYRG average PE ratio chart
MYRG's current PE ratio is higher than the 3, 5 and 10-year averages.
MYRG PE vs peers
In comparison to its peer MTZ, MYRG's PE ratio is lower, but it is higher than PWR's and TTEK's. Myr Group's PE ratio is trading above the peer average of 35.92.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DY Dycom Industries Inc | 22.46 | $5.33B |
| PRIM Primoris Services Corp | 27.12 | $4.47B |
| TTEK Tetra Tech Inc | 32.63 | $10.92B |
| PWR Quanta Services Inc | 61.48 | $50.19B |
| MYRG Myr Group Inc | 64.01 | $2.38B |
| MTZ Mastec Inc | 124.61 | $11.26B |
| MTRX Matrix Service Co | N/A | $364.83M |
| ENG Englobal Corp | N/A | $6.48M |
Frequently asked questions
What is Myr Group's PE ratio?
MYRG's price to earnings ratio is 64.01 as of Nov 21, 2024.
What is the 3-year average PE ratio for Myr Group (MYRG)?
Over the last 3 years, the average price to earnings ratio for MYRG stock is 26.7.
What is the 5-year average PE ratio for Myr Group (MYRG)?
Over the last 5 years, the average price to earnings ratio for MYRG stock is 22.17.
What is the highest PE ratio for MYRG?
The current PE of 64.01 represents the highest historical value in the last ten years.
How does the current PE ratio for MYRG compare to its historical average?
The current PE ratio of MYRG is 194% higher than the 10-year historical average.
How is MYRG's PE ratio calculated (Myr Group PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Myr Group's share price is $147.86. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.31. Therefore, Myr Group's PE ratio for today is 64.01. PE RATIO(64.01) = STOCK PRICE($147.86) / TTM EPS($2.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.